# PPP loan: RAINBOW MOVERS, INC.
> **$326K** approved 04/07/2020 · Paid in Full · Loan `7112297007`
## Borrower
- **Name:** RAINBOW MOVERS, INC.
- **Address:** 19 NATIONAL DR, FRANKLIN, MA, 02038-3243
- **NAICS:** 484210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $326K
- **Initial approval:** $40K
- **Forgiven:** $329K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $326K
- **Jobs reported:** 22
## Lender
- **Originating:** Dean Co-Operative Bank
- **Servicing:** Dean Co-Operative Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*